1. KIDDLES BANK
A FINANCIAL INSTITUTION GOOD FOR YOUR
CHILDREN

2.  Bank saving account shows your child some every important money
management element. these concept underlie any type of investment
decision she’ll make throughout her life .
 Two types of saving account exist
 Statement account
 Passbook account
 Some checking account pay interest ( these may be called now account ).
 However, these account aren't design for saving;
 There use to write check to pay bills .
 The interest is only an extra feature of the account.

3.  Most of us are well aware of importance of
creating budget and plants for our personal
finances.
 However, sometimes we forget that we also
need to teach our children about planning and
budgeting .
 More from investopedia
 Your first checking account
 The evolution of banking

4.  The long-term financing use to purchase
property is called mortgage.
 The property itself serves as collateral for the
mortgage until it is paid of.
 A mortgage usually requires equal payment,
consisting of principal and interest, throughout its
term.
 The interest is calculated on the outstanding principal
balance that declines as payment are made.

5.  A certificate of deposit is a promissory note
used by a bank.
 It is a time to deposited that restrict holder from
withdrawing funds on demand.
 Although it is still possible to withdraw the
money, this action will often incur a penalty.